At a time when global risk capital firms are increasingly reluctant to invest in the country, Carlyle Group—one of the world’s largest private equity firms with assets under management exceeding $156 billion (about Rs 8.4 lakh crore)—continues to believe in the India story.

At a time when global risk capital firms are increasingly reluctant to invest in the country, Carlyle Group one of the world's largest private equity firms with assets under management exceeding $156 billion (about Rs 8.4 lakh crore) continues to believe in the India story.

The growth capital fund, which successfully made an exit from Newgen Knowledge Works and payment technology firm Financial Software and Systems, remains bullish on India, according to Shankar Narayanan.